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Featured Property

Palm Cove sunset sanctuary

Elevated and modern, this residence boasts magnificent views from Double Island to the Trinity Inlet. For sale by Mark Carmady of First National Cairns Central and Cairns Beaches.

Australian Capital Territory (ACT)Canberra

Politics

ACT government to release 15,600 sites for homes across the next four years

The ACT Government has announced the release of 15,600 new homes as part of its 2019/20 Budget.

National

The Economy

Sales activity falls in NSW and WA regions, says report

New research from CoreLogic shows Australia's regional centres are taking their lead from capital cities when it comes to sales activity.

Construction

Construction starts on Brisbane's newest riverwalk

Construction has begun on the "missing link" between New Farm and South Bank in Brisbane.

Queensland (Qld)Brisbane

Featured Property

Cottage conversion with industrial elements

Positioned in a central and secluded location, this elegant, newly renovated home showcases light-filled and low maintenance living. For sale by Josh Brown of Ray White New Farm.

New South Wales (NSW)Sydney

Design

Paddington provides new co-living setting

Australian co-living operator UKO has expanded its Sydney base within the last month through a new site in Paddington.

Design

Housing affordability improves while rental affordability declines: report

A new report has revealed that NSW has experienced the largest improvement in housing affordability for the March quarter.

New South Wales (NSW)Sydney

People

Richard Shalhoub returns to McGrath as company grows Sydney CBD footprint

McGrath has announced the acquisition of Sotheby's Sydney CBD in a settlement expected to be worth 1.6 million.

Victoria (Vic.)Melbourne Brighton

Featured Property

State of the art European style

This as new smart home enjoys sophisticated entertaining options, spacious accommodation, and premium features such as a fully appointed Gold Class home theatre. For sale by Stefan Whiting and Gary Yue of Buxton Brighton.

The Economy

RBA delivers

The RBA has broken its 30-month stalemate with a cut to the national cash rate in a move expected to provide further assistance to home buyers.

Pages

News Roundup

http://www.afr.com/real-estate/loss-makers-where-homes-and-apartments-lose-money-for-property-owners-20160628-gpu591

Where homes and apartments lose money for owners

The housing boom has delivered massive upside to some sellers but left others, those selling inner-city apartments in Melbourne, regional homes, or properties in Perth, with losses.

The Australian Financial Review

http://www.afr.com/real-estate/australians-buy-sterling-to-pick-up-cheaper-residential-property-postbrexit-20160627-gpssnk

Australians buy sterling to pick up cheap property post-Brexit

Australian investors are parking funds in the UK to snap up cheap property, speculating Brexit will drive down residential prices.

The Australian Financial Review

http://www.theaustralian.com.au/news/nation/subprime-lending-returns-to-fill-funding-gap/news-story/c1f12d6a95e461acb19ed4a7546e865d

Subprime lending returns to fill funding gap

Wealthy private investors are setting up funds to lend to foreign apartment buyers stranded by bank lending bans, creating a tier of subprime lending.

The Australian

http://www.domain.com.au/news/sydney-investors-favoured-interstate-property-play-turns-sour-20160615-gpk40a/

Sydney investors’ interstate property play may be turning sour

Almost one in four NSW investors have bought an investment property in Queensland, leaving them exposed to potential oversupply and price drops.

Domain

http://www.abc.net.au/news/2016-06-20/melburnians-hopping-on-board-free-overnight-public-transport/7525294

Overnight public transport numbers 'really strong' in Melbourne trial

The year-long trial of all-night public transport on weekends in Melbourne is "clearly working", the Government says.

ABC

http://www.theaustralian.com.au/business/property/home-prices-are-skyhigh-but-so-are-the-returns/news-story/8b0c260cac8f0e181b7740bee6dbd1f9

Home prices are sky-high, but so are the returns

Australian high-end homes rate among the best in the world for investment returns.

The Australian

http://www.afr.com/real-estate/residential/brexit-uk-property-values-likely-to-fall-but-they-will-recover-economists-say-20160626-gps3zl

Brexit: UK property values likely to fall, but will recover

Australian investors in UK residential property are likely to see prices fall in the short term. But lower interest rates and lower transaction volumes could underpin prices, says Knight Frank.

The Australian Financial Review

http://www.afr.com/real-estate/why-i-am-negative-on-labors-negative-gearing-20160623-gpqth6

Why I am negative on Labor's negative gearing

The negative gearing debate comes down to three arguments: impact, affordability and fairness.

The Australian Financial Review